Author: NBTC
According to a recently released blog from Ondo Finance, Ondo Short-Term US Government Treasuries (OUSG), its tokenized fund is now available on Assetera, a marketplace recognized as Europe’s first MiFID-licensed for blockchain-based securities. OUSG offers a compliant, yield-bearing investment product that has the support of giants like BlackRock USD Institutional Digital Liquidity Fund (BUIDL) and high-quality short-term US Treasuries and GSE funds from Franklin Templeton, WisdomTree, Wellington Management, and Fundbridge Capital. OUSG expands to Europe and the Polygon network Prior to the expansion, OUSG could be minted and redeemed across Ethereum, Solana, and Polygon. However, with this latest development, it…
Hulezhi’s Final Transactions: 2000+ ETH Donated The Ethereum community was stunned when on-chain transactions revealed that Hulezhi, a Chinese crypto whale, had transferred over 2000 ETH to various charities before ending his life. A significant portion—500 ETH—was sent to the infamous burn address 0x0dead, effectively removing it from circulation. X user OnchainLens first reported the transactions, highlighting the massive ETH movement before Hulezhi’s sudden disappearance. The crypto space is now flooded with speculation about Hulezhi’s motivations, with some suggesting he was deeply affected by ideological struggles and personal crises. “Brainwashed Since Childhood”: A Tragic Exit Hulezhi’s last known messages suggested…
Bundesbank president Joachim Nagel says the European Union needs state-controlled digital currency as a safeguard against private sector dominance in global finance. Joachim Nagel, head of Germany’s central bank, isn’t changing his mind on crypto, pushing for a digital euro to help Europe stay financially independent. Speaking at an OMFIF event at the London School of Economics, Nagel stressed that the European Central Bank should remain cautious about monetary policy, dismissing Bitcoin (BTC) as “more like an asset class” and describing it as “the opposite of transparent.” He also called the cryptocurrency with a $2 trillion market cap a speculative…
A staggering volume of Shiba Inu (SHIB) tokens were recorded on the largest cryptocurrency exchange, Binance, in the last 24 hours. This development occurred just as the second largest meme coin in the market registered an uptick in price. Increased trading activity sparks optimism A total of 379,270,000,000 SHIB has flowed through Binance in heightened trade among investors in the ecosystem. The trading frenzy on Binance could have been triggered by the over 5% surge in the price performance of SHIB. As of this writing, SHIB trades for $0.0000244, a 5.13% increase in the last 24 hours. The cumulative trading…
The Governing Council of the European Central Bank has taken a step to advance its initiative to settle transactions recorded on distributed ledger technology using central bank money. The decision, announced on Feb. 20 in a press release, aims to integrate distributed ledger technology with the existing TARGET Services infrastructure. The ECB’s approach will follow a two-track strategy. The first track focuses on rapidly developing a safe and efficient platform for DLT-based settlements while ensuring interoperability with TARGET Services. The second track will explore a long-term integrated solution for settling distributed ledger technology-based transactions in central bank money, including foreign…
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Bitcoin is up 3.02% today against the US Dollar Bitcoin is currently trading 9.04% below our prediction on Jan 05, 2025 Bitcoin dropped -1.47% in the last month and is up 123.84% since 1 year ago BTC price is expected to rise by 9.84% in…
Chin’s CBDC expansion seems to be reshaping global trade networks, leaving Australia at a crossroads between Beijing and Washington. U.S. President Donald Trump’s decision to ban a U.S. digital dollar could shake up global finance, as the West is already falling behind on digital currencies, says Marina Yue Zhang, an associate professor at the University of Technology Sydney. In her op-ed on a book by a British-Swiss author and financial economist, Zhang highlights that the U.S. is caught in political debates over digital money. Some lawmakers aim to block a digital dollar due to privacy concerns, while Europe and the…
Former Commodity Futures Trading Commission Chair Chris Giancarlo asserts that the SEC shares some of the blame for the dominance of memecoins in the current market cycle. Amid the dominance of memecoins in crypto over the past year, a key question has become what is driving the rise. While the discussion has long been around the allure of the sector’s high reward potential, disillusionment with the promise of altcoins, and worsening economic conditions, a rising theory suggests that regulators, specifically the Securities and Exchange Commission, could also be to blame. The latest to champion this view is a former top…
Oooo, a leading AI-driven financial technology company, has established a strategic business venture with the world’s first fully AI Agent-run lottery platform Lottry. Through their joint efforts, this partnership aims to transform the lottery experience through advanced artificial intelligence and blockchain technology to deliver a secure, transparent, and improved user experience. New Partnership Announcement We are excited to announce our partnership with @Lottryxyz! 😚#Lottry is the first fully AI Agent-run lottery, combining automation, transparency, and improved winning odds. Powered by cutting-edge AI and blockchain infrastructure, it ensures… pic.twitter.com/b1FlINl19g — oooo (@oooo_money) February 20, 2025 The Future of Fair and Transparent…
Cryptocurrency analytics firm QCP Capital has released a market update providing insight into Bitcoin’s (BTC) performance and broader market dynamics following the end of the quarter. QCP noted that the market experienced a predictable decline in volatility following the record-breaking options expiration last Friday. “Volatility has since dropped by 2-3 points,” the analyst firm said. Despite BTC consolidating near the lower end of its one-month range and posting modest returns in December, the BTC price has been a strong overall performer in the fourth quarter. While December returns were lackluster, QCP suggested that recent activity, including Bitcoin purchases by Michael…